Skip to main content

About your Search

20130216
20130224
Search Results 0 to 9 of about 10 (some duplicates have been removed)
members urged caution in withdrawing stimulus to the economy prematurely. the fed policy board is expected to examine the effectiveness of its asset purchasing program more closely after its next meeting in march. housing construction is a key indicator of the health of u.s. economy. the number of permits for new construction rose for a third straight month. this suggested recovery in the housing market remains on track. department of commerce officials say housing starts last month came to 890,000 units. that's a decline of 8.5% from december. construction of condos and other multifamily tumbled 26%. the drop was enough to offset a rise. housing permits rose 1.8% from december. that's the highest level since june 2008 before the start of the global financial crisis. let's get a check on tokyo markets. first taking a look at stocks. market sentiment is damaged. the nikkei is trading at 11,423. sources say investors are selling export related issues to take profits after recent gains. moving onto currencies now. the fed minute that hint at scaling back monetary easing has led to dollar buyi
. ai joins us from the business desk. >> major economies embark on similarly bold monetary easing measures just as japan. it works to weaken all of their asor japan a report from the international monetary fund dismisses worries that japan's monetary easing could lead to a global currency war. the concerns are overstated. the report states the recent move in the currency market is correcting the excessively strong yen. it says recent market moves reflect the fundamentals of the global economy. imf officials point out that japan's trade deficit is growing and moves by traders to by the yen as a relatively safe currency has paused. these factors led to weaker yen. stronger monetary easing measures are needed. the report was issued at the g20 meeting that took place last weekend in moscow. >>> many participants at a recent trade policy meeting may also have backed japan's economic program, but some concerns aut the falling yen. japan's representatives faced a policy review at the world trade organization in geneva. wto members generally welcomed japan's economic program. they said th
,000. >>> the european commission says the euro zone economy will contract for the second straight year in 2013. the commission says it expects gross domestic product to shrink 0.3% in the 17-nation euro zone from last year. that compares with the previous forecast of 0.1% growth. the commission said tight lending conditions, job cuts and sluggish investment are dragging the recovery. but it's projecting 1.4% growth for 2014. the commission says leading indicators suggest that the regi region's economy is bottoming out. and economic activity is expected to gradually pick up. >>> it may look like a wristwatch, but it's a computer. technology giant apple has filed a patent application for a computer that people can wear like a watch. the u.s. patent and trademark office disclosed apple's patent filing on thursday. the computer has a flexible touch panel display. sensors inside detect a change in the state of sub straights and automatically adjusts to user interface to a new position. the computer wirelessly connects to other devices like smart phones. media reports last week that apple is develop
the algerian economy, and there have helping the algerian people. they kept a presence in the country for more than 40 years, even during the civil war in the 1990s. the story has inspired other japanese to make a change. shingo works as a system engineer, he recently visited the japan cooperation agency. he has been looking for a chance to take part in development work overseas. >> the victims worked hard, and risked their lives. i do not understand why they were killed. i may not be able to do much, but i would like to contribute to international society as much as possible. >> he, and many others in japan, don't want the workers to have died for nothing. they want to honor them with their words and their actions. ntk world, tokyo. >>> the hostage crisis frustrated japanese officials as conflicting information trickled in. >>> prime minister abay says he wants to deal with emergencies better. >> translator: i want to create an environment where we can properly discuss diplomatic and national security issues on a daily basis from a strategic viewpoint that will enable us to deal with various
relations and a slowing economy. it is just about double the amount of 2011 the shortfall topped the previous record set in 2005. exports to china amounted to $145 billion, down more than 10% from the previous year. the first drop in three years, falling exports of cars and machinery were the main factors. imports rose roughly $190 billion, attributed to smartphones and meat. >>> fewer visitors came to japan in january. the number dropped for the first time in 11 months. >>> people in japan's northern most island say they don't want a nuclear plant near them. they asked the government to stop building the facility. electric power development company is constructing the plant in oma. the town is 23 kilometers by sea from hokkaido. work was stopped after the 2011 quake. it was resumed in 2012. cities submitted their request to the central government. >> translator: i don't think there's any need for the construction to go forward. >> the mayor also said people are worried about the safety of the plant because it's just across the water. city officials say they are considering filin
soon enough. we have more from hanoi. >> reporter: vietnam's economy is racing ahead. but not everybody is moving forward. streets in hanoi are full of cars and motor bikes. across the country, factories pour harmful substances into the environment. this river running through the capital is dangerously contaminated. harmful chemical readings are 30 times higher than the maximum alould allowed by the government. people living down stream are suffering the consequences. this man and his wife while born and raised in this village. they are farmers who survive by growing rice and other crops. his legs are the result of years walking in the rice patties. a government investigator told him chemicals are in the water to blame. >> translator: the water i fill my patties with is black. my legs itch from working in the rice fields. water shouldn't be black. but i have no choice but to use that terrible water for farming. >> reporter: he worries about pollution. a new deal originating in japan is gaining public attention. the japan international cooperation agency is encouraging japanese companies
use. >>> many japanese were starting to feel optimistic about the future of the nation's economy with the new prime minister, but prices at the pump are putting a damper on things. ron madison is here with the latest on that. >> it is times like these when i'm glad i don't have a car, but people like you and other drivers are feeling the pinch now because gas prices have been increasing for at least the past two months now. japanese government surveys asked questions of major wholesalers about the higher retail prices of gasoline and kerosene. the agency is concerned about excessive prizes caused by the weaker yen to push-up the cost of natural imports. the energy agency officials summoned executives of oil wholesalers on thursday asking executives about their company's cost for crude oil imports, the volume of gasoline shipments as well as inventories. now the average retail price of regular gasoline climbed for an 11th straight week. the price of kerosene has also risen for a 12th week in a row. the president of the japanese oil wholesalers organization says he will instruct me
last year. that is due to strained bilateral relations and also a slow down in the chinese economy. officials at the japan external trade organization say that the trade deficit came to more than $44 billion. that's just about double the amount in 2011. the shortfall topped the previous record set in 2005. exports to china amounted to nearly $145 billion. that was down more than 10% from the previous year. it was the first drop in three years. now, falling exports of cars and construction machinery were the main factors here. on the other hand, imports from china rose 3% to roughly $190 billion. that was attributed to growing imports of smart phones and food products, including meat. let's see what happened on the markets here in asia. stocks were pretty mixed this tuesday. not a lot of clear direction out there today. the nikkei shed 0.3%. shanghai stocks down 1.6% today while hong kong shares lost 1%, sinking to a one-month low. european shares are looking like this. they are trading higher today on better business sentiment data out of germany. london is up by 0.3%. we have gain
Search Results 0 to 9 of about 10 (some duplicates have been removed)